Effectiveness of forward freight agreements in mitigating aframax tanker shipowners' business risks between 2006 and 2015
Shipowners are naturally subjected to the volatility of the spot freight rate which may then affect his ability to cover his costs obligation. As a result, it is necessary for shipowners to mitigate his risks by engaging in risk management tools, such as Time Charter as a physical hedge and FFA as a...
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| Format: | Final Year Project |
| Language: | English |
| Published: |
2017
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| Online Access: | http://hdl.handle.net/10356/70724 |
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| Institution: | Nanyang Technological University |
| Language: | English |